03-27-2004, 08:16 AM
Considering from a very limited scope, bearing in mind KSE plays an important role, here's what the KSE website says
"Karachi Stock Exchange has been declared as the "Best Performing Stock Market of The World For the year 2002". As on February 2004, 697 companies are listed with a market capitalization of Rs. 1,262.9 billion (US$ 22.0 billion) having listed capital of Rs. 358.9 billion ( US$ 6.3 billion ). The KSE 100 Index touched at 4907.94 on February 10, 2004."
So I guess we're not stagnant or declining.
